Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

Top Form International's Fiscal H1 Earnings Slump on Absence of Gain From Sale of Property

MT Newswires ·  {{timeTz}}

03:56 AM EST, 02/23/2022 (MT Newswires) -- Top Form International (HKG:0333) said fiscal H1 earnings plunged to HK$0.0015 ($0.00019) per diluted share from HK$0.1149 in the previous year.

Profit attributable to owners of the company in the six months ended Dec. 31, 2021 slumped to HK$450,000 year over year from HK$24.7 million, dragged down by the absence of a gain from a Hong Kong property sale plus wage government subsidies that were incurred a year prior, according to a late Tuesday filing.

Revenue rose to HK$713.7 million year over year from HK$638.7 million, driven by solid sales of seamless products and rebound of sales to European clients.

The intimate apparel maker recorded a gain of HK$28 million from the sale of a property in 2020 and HK$6.7 million worth of subsidies from the government.

Price (HKD): $0.51, Change: $0.00, Percent Change: 0.00%

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.